Next Article in Journal
Principal Leadership Styles and Teacher Job Performance: Viewpoint of Middle Management
Next Article in Special Issue
Does High-Speed Railway Influence Convergence of Urban-Rural Income Gap in China?
Previous Article in Journal
Apple or Huawei: Understanding Flow, Brand Image, Brand Identity, Brand Personality and Purchase Intention of Smartphone
Previous Article in Special Issue
Development of Micro-Mobility Based on Piezoelectric Energy Harvesting for Smart City Applications
Article

Business Models Amid Changes in Regulation and Environment: The Case of Finland–Russia

1
Industrial Engineering and Management, LUT Kouvola, LUT University, Prikaatintie 9, FIN-45100 Kouvola, Finland
2
Estonian Maritime Academy, Tallinn University of Technology (Taltech), Kopli 101, 11712 Tallinn, Estonia
*
Author to whom correspondence should be addressed.
Sustainability 2020, 12(8), 3393; https://0-doi-org.brum.beds.ac.uk/10.3390/su12083393
Received: 13 March 2020 / Revised: 17 April 2020 / Accepted: 17 April 2020 / Published: 21 April 2020
(This article belongs to the Special Issue Sustainable Mobility and Transport)
Changes in regulation are affecting the international business environment. In this study the impact of regulation changes and ways to benefit from those in Finland and Russia are examined. Logistics and manufacturing companies are studied using the case study approach including ten semi-structured interviews (Finland and Russia) and a survey (Southeast Finland), further supported by an additional survey for logistics sector companies (Southeast Finland). The changes in the business environment have created a fragmented market with a growing number of actors. Three business models (blockchain-based, platform-based and innovative subcontracting-based), capitalizing on the growing number of actors, were incepted in the interview phase and evaluated in the survey phase with companies. These models are integrable with the circular economy, a relevant practice according to the studied companies. Blockchain was perceived as a still immature technology. Further study revealed that the companies are not well prepared for environmental demands in logistics, and the overall volumes and business climate between the analyzed countries have not improved. Additionally, those companies do not actively pursue the possibilities of new technologies. The impact of regulatory changes in this region has not been examined closely with a case study approach. This study helps to explain the current trends in an established market. View Full-Text
Keywords: business models; regulation; logistics; supply chains; Finland; Russia business models; regulation; logistics; supply chains; Finland; Russia
Show Figures

Figure 1

MDPI and ACS Style

Lähdeaho, O.; Hilmola, O.-P. Business Models Amid Changes in Regulation and Environment: The Case of Finland–Russia. Sustainability 2020, 12, 3393. https://0-doi-org.brum.beds.ac.uk/10.3390/su12083393

AMA Style

Lähdeaho O, Hilmola O-P. Business Models Amid Changes in Regulation and Environment: The Case of Finland–Russia. Sustainability. 2020; 12(8):3393. https://0-doi-org.brum.beds.ac.uk/10.3390/su12083393

Chicago/Turabian Style

Lähdeaho, Oskari, and Olli-Pekka Hilmola. 2020. "Business Models Amid Changes in Regulation and Environment: The Case of Finland–Russia" Sustainability 12, no. 8: 3393. https://0-doi-org.brum.beds.ac.uk/10.3390/su12083393

Find Other Styles
Note that from the first issue of 2016, MDPI journals use article numbers instead of page numbers. See further details here.

Article Access Map by Country/Region

1
Back to TopTop